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The Nuts and Bolts of Getting into the Business of Cannabis

Category: Culture | Posted on Sat, January, 14th 2017 by THCFinder

When thinking about the cannabis industry, most people don’t immediately consider the financial side of it.

The reality is that the legal marijuana business—medical and recreational—is a major industry in the United States, estimated at over $7.1 billion in total revenue for 2016. The ArcView Group, an investment firm with roots in the cannabis industry, estimates that gross sales could easily jump to over $10 billion annually within the next year. That is an almost unprecedented level of growth in any industry, to say nothing of the fact that “new industries” are harder to come by for those who want to get in on the ground floor. As a solid and reputable growth area, it’s still in its infancy, but cannabis has the potential to be an industry worth pursuing for budding entrepreneurs.

Investing in Cannabis Is Recession Proof

When times are hard, people still want certain things in life, certain little luxuries or privileges. As a result, the cannabis industry, like the liquor business, is relatively recession proof. And as the use of cannabis has become more socially acceptable, particularly in the area of medical marijuana, where the sanction of the medical profession allays the fears that some might have of the business, the demand has been growing steadily. It’s still an industry in its infancy, relatively speaking, which means that there is also tremendous opportunity for those who want to take risks in a new industry.

Read More:http://hightimes.com/business/the-nuts-and-bolts-of-getting-into-the-business-of-cannabis/


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The Nuts and Bolts of Getting into the Business of Cannabis

Category: Culture | Posted on Fri, January, 13th 2017 by THCFinder

When thinking about the cannabis industry, most people don’t immediately consider the financial side of it.

The reality is that the legal marijuana business—medical and recreational—is a major industry in the United States, estimated at over $7.1 billion in total revenue for 2016. The ArcView Group, an investment firm with roots in the cannabis industry, estimates that gross sales could easily jump to over $10 billion annually within the next year. That is an almost unprecedented level of growth in any industry, to say nothing of the fact that “new industries” are harder to come by for those who want to get in on the ground floor. As a solid and reputable growth area, it’s still in its infancy, but cannabis has the potential to be an industry worth pursuing for budding entrepreneurs.

Investing in Cannabis Is Recession Proof

When times are hard, people still want certain things in life, certain little luxuries or privileges. As a result, the cannabis industry, like the liquor business, is relatively recession proof. And as the use of cannabis has become more socially acceptable, particularly in the area of medical marijuana, where the sanction of the medical profession allays the fears that some might have of the business, the demand has been growing steadily. It’s still an industry in its infancy, relatively speaking, which means that there is also tremendous opportunity for those who want to take risks in a new industry.

Read More:http://hightimes.com/business/the-nuts-and-bolts-of-getting-into-the-business-of-cannabis/


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What are Terpenes in Marijuana?

Category: Culture | Posted on Fri, January, 13th 2017 by THCFinder

While the rise of CBD marked 2015 and the flood of CBD rich and CBD-only products illuminated 2016, this is the year of the terpene (Turr-Peeen), or Terp for short.

A term from your organic chemistry textbook; a simplified definition says: Terpenes are easily evaporated fragile scent molecules used by plants, fungi, and other living organisms to attract pollinators (Roses), repel herbivores (Lemons), and attract predators of herbivores (1). For example, read about the relationship between parasitic wasps and corn.

This definition leaves most people asking, what does that have to do with my medicine? To make things easier, I have digested a definition of terpenes for the cannabis community:

Read More:https://www.theweedblog.com/terpenes/


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Redhat Ralph’s Marijuana Concoction Will Keep You High All Day

Category: Culture | Posted on Thu, January, 12th 2017 by THCFinder

This particular weekend has been interesting for folks in PDX. We had a wonderfully short-lived snow storm Saturday morning into the early afternoon, immediately followed by lowering temperatures and freezing rain. The result is a white wonderland over which every and any thing slips and slides. This is the type of weather that makes me so happy to have reached the point in life that we don’t have to go anywhere unless we want to go. The term I used when I first mentioned this to Flo was “my enviable life”.

Why would I consider my life enviable? Oh, let me count the ways (ha, ha). Over the previous three weeks my DVR allowed me to enjoy 41 college football Bowl games, and this weekend allowed me to enjoy the four NFL Playoff football games. So there I am, watching a professional Wild Card football game, eating chili and baked potatoes, stoned on a wonderful mixture I create in my small glass pipe, while a hearty little hummingbird feeds itself from our ice-encrusted feeder. Man, I love my life!

Read More:https://www.theweedblog.com/perfect-marijuana-concoction-weekend-football/


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Veteran with PTSD Fighting Harsh Sentence for Growing His Own Medicine

Category: Culture | Posted on Tue, January, 10th 2017 by THCFinder

For many, the latest election was a bittersweet moment. Eight out of nine of the state ballot measures passed in favor of marijuana initiatives, putting about one-fifth of the population in a state that has legalized recreational marijuana, and more than half of the country living in a state that has some form of a medical marijuana law.

The joy of those victories was put to a halt for many with the simultaneous election of Donald Trump as president. Even if you voted for Trump, your excitement was probably curtailed at the announcement of his choice for attorney general, a man who once said he thought the KKK was “OK until I found out they smoked pot.” This man, Jeff Sessions, should strike fear into the heart of every cannabis user in the United States of America, and possibly beyond.

Yes, we achieved some great victories across the nation.

Read More:http://hightimes.com/culture/not-so-fast-veteran-with-ptsd-fighting-harsh-sentence-for-growing-his-own-medicine/


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Marijuana Industry Raises Over $1 Billion In 2016

Category: Culture | Posted on Sat, December, 24th 2016 by THCFinder

Over $1 billion has been raised in the cannabis industry in 2016, according to Viridian Capital Advisors.

 

The billion dollar line was crossed last week in part with C$40 million ($29.8 million) raised by OrganiGram Holdings, Inc. The deal will allow for the build out and expansion of the company's cultivation, extract and derivative facilities. In addition, Tetra Bio-Pharma, Inc. received C$1 million in a private placement with Aphria Inc. to initiate clinical trials in PhytoPain Pharma.

 

Scott Greiper, president and founding partner of Viridian, said that the $1 billion was mostly raised in North America, with minor amounts from other countries. He also stated that the Canadian market is a meaningful metric as to what the U.S. market could end up looking like in the future. Canada legalized medical marijuana years ago, but the program was slow to build. The election of Prime Minister Trudeau jump-started efforts for the medical marijuana industry.

 

Read More:http://www.forbes.com/sites/debraborchardt/2016/12/21/marijuana-industry-raises-over-1-billion-in-2016/#4e4ead2b3362


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